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C DEED OF TRUST pi. 102640 THIS DEED OF TRUST is made this 7th May 1 19 87 tbeTrtator, Merle R. —Stewart and Darlene ewart, us n an i e ----------- (b�ain HOME ARENO R. QAACK ATTORNEY AT LAW a �WWRA1 SAVINOiB i LOAN ASSOCIATION OP ORAND ISLAND NE SAND ISI AND NE EN under the laws of N_�_whose address is 221 SOUTH LOCUST P. O. (baein "Lender „) SOX 100E SORROWER, in consideration of the indebtedness herei 'is trim, with Power n recited and the trust herein created, irrevocably grants and conveys of sale, the following described Property located in the County of u— t P eys to Trustee, State of Nebraska; Lot Thirty Three (33), in Reutirgs First Subdivision, Hall County, Nebraska. which has the address ision, Hall Count – bra va f�8Q1 (STATE B ZIP C ODE) (herein "Property Address -); TOGETHER with all the improvements now or hereafter erected on the property. and all easements, rights, appurtenances. rents (m jW however to the rights and authorities given herein to lender to collect and apply such rents). royalties, mineral, nit and gas rights and profits' water• water rights, and water stock, and all futures now or hereafter attached to the Property, all of which, incltding replacetneots additioet thereto. shall be deemed to be and remain a part of the Property coveted by this Deed of Trust; and an of the foregoing. and together with said Property (or the leasehold estate if this Dead of Trust is on a kaseltold) are herein referred to as the "Property "; TO SECURE to Lender (a) the repayment of the i�ebiedness evidenced bx Borrower's mote dated Pay 7, 19$7 ( herein "Note"), in the principal sum of Twelve Thousand and no/ 100--- - wkh interest thereat. --------------------- w" for monthly installments of principal and interest, with the balance of the i -- --- ��, and Payable on May 1 1992 indebtedness, if not sooner paid, due with inter tbawat advanced in accordance herewith to protect the security of this Deed of Trust: and the ' the Payment of all other sums, agrass"eats Of %--- herein contained; and (b) the repayment th any future advances, with interest 'be Performance o a e Borrower covenants and P�uut to paragraph 21 hereof (herein "Future Advances'•). 9” OOV'ants that Borrower is lawfully seised of the estate hereby conveyed and has the right eo grant and convey the Property, that the l�operty is anencumbered, and that Borrower will warrant and defend generally the title to the . wbjeet to any declaration, easements or restrictions listed in a schedule of ex Property against all claims and ins ariag Leader's interest in the property, ccptions to coverage in any title insurance policy UNU;(" COVENANTS. Borrower and Leader covemi nt and agree as follows: L. !'aywtaat n(breirepld aaattt . Borrower shay) by this Note, psapaytasat and Ink promptly Pay when due the Principal of and interest on the indebtedness evidenced of Trust. Pt°hd°d is the Note. and the principal of and interest on MY Future Advances secured by this Deed 1. Elsarle he Tttaas rtabi Laartsaee. Subject to applicable law or to a written waiver by Lender. Borrower sh+dl Pay to Lender on the day mais" It WiDOW and interest ate Payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to ore - twefEh of the ye" tatsn tad ajwtmmmts which may attain priority over this Deed of Trust, and ground rents on the property, if any. plus one. tssaltth 1Karly Praaia� installments for hazard inauara�e, pluses ortc_twdtth of yearly irennium installments for mortgage insurance, if any. all as y initially and frorn time to time by Lender oo the basis of —suf mats and bills and reasonable estimator thereof. TAt pueds shall be hen in an ition). i e due deposits l amounts of which are insured or guaranteed by a Federal or stale agctcy (including Lauder if Leaflet is such era itutitut�}. LenNlet sluall Leader �y aD�Y the Funds to pay said naves, assessments. insurance premiums and ground rents. charge for a and applyt4 the Funds, analyzing said account or verif l•etader pry" Barroaer interest ten the Futnale std Ytna as compalutg said aisesttmnts and bills, imls" writing M the Pit" saris cutouts of thus Place oP Trust aMu inner on the mils shall r 10 make such a charge. Borrower and Lender maY agree in he paid 10 Borroser, and unless such agreement n made Of Grand Island